Opinion / Columnist
What good is Ncube's professorship, etc. without the most precious virtue there is!
24 Oct 2018 at 18:31hrs | Views
To say I am disappointed and disgusted by Zimbabwe's Minister of Finance, Professor Mthuli Ncube, is only because I cannot find a stronger and more incisive language to express my outrage. Words have failed me!
Professor Ncube was highly recommended when he made his maiden entry on Zimbabwe's political stage just over a month and half ago and yet he has already made so many glaring and costly blunders. He has done enough damage already to win him the worst Finance Minister award. Here are just some of the blunders he has made:
- He announced that the Bond Notes will be phased out and made a U-turn a few days later, but the harm has done.
- He announce in London that the government would allow the free market decide the value of the Bond Notes. Again he reversed that a few days later but, once again, it was too late to stop the chaos the decision had generated.
- Minister Ncube appointed this Lumumba fellow who told the world about the senior RBZ staff involved in the trading of Bond Notes. The story caused serious economic and financial damage because the implication that the regime was printing more Bond Notes than the promise limit was clear. The Minister fired the guy three days later.
- There is no doubt that Minister Ncube's 2% tax on all electronic transactions will affect the country's poor. It is sicken that decades of Zanu PF misrule has left 75% of our people living on US$1.00 or less a day and Minister Ncube is going after the 2c of that dollar! Worse still, the revenue wrung out of the poorest of the poor is then used to buy posh cars, chartered plane, etc. for the ruling elite!
- I lost all confidence in Minister Ncube as some with common sense when he said the Zanu PF regime was legitimate because the Con-Court had confirmed Mnangagwa's victory. Yeah right, the same court that also said a military coup is legal and constitutional!
As a nation, we have become obsessed with paper qualification; it all started with Mugabe and his seven University Degrees. Today, if you throw a stone into a crowd, the probability you will hit a College, University or PhD graduate is one of the highest in the world! The probability that the said graduate is unemployed is 100 times or more than the average. If only one could "eat" these MBAs, PhDs, professorships, etc. Zimbabweans would be the best nourished nation on the planet; as it is we have the singular honour best qualified leaders ever and yet the poorest!
Finance Minister, Mthuli Ncube, has all the available space in his huge office covered with all his University Degrees, MBAs, PhDs, Professorships, Academic and Professional Achievement Awards and God knows whatever else! Who cares that his blundering incompetence has cause a told human suffering to the poorest of the poor. Still, one must ask: What good is all these impressive academic and professional achievements to one lacking the most precious virtue there is - no common sense. Professor Ncube has no common sense. None!
Professor Ncube was highly recommended when he made his maiden entry on Zimbabwe's political stage just over a month and half ago and yet he has already made so many glaring and costly blunders. He has done enough damage already to win him the worst Finance Minister award. Here are just some of the blunders he has made:
- He announced that the Bond Notes will be phased out and made a U-turn a few days later, but the harm has done.
- He announce in London that the government would allow the free market decide the value of the Bond Notes. Again he reversed that a few days later but, once again, it was too late to stop the chaos the decision had generated.
- There is no doubt that Minister Ncube's 2% tax on all electronic transactions will affect the country's poor. It is sicken that decades of Zanu PF misrule has left 75% of our people living on US$1.00 or less a day and Minister Ncube is going after the 2c of that dollar! Worse still, the revenue wrung out of the poorest of the poor is then used to buy posh cars, chartered plane, etc. for the ruling elite!
- I lost all confidence in Minister Ncube as some with common sense when he said the Zanu PF regime was legitimate because the Con-Court had confirmed Mnangagwa's victory. Yeah right, the same court that also said a military coup is legal and constitutional!
As a nation, we have become obsessed with paper qualification; it all started with Mugabe and his seven University Degrees. Today, if you throw a stone into a crowd, the probability you will hit a College, University or PhD graduate is one of the highest in the world! The probability that the said graduate is unemployed is 100 times or more than the average. If only one could "eat" these MBAs, PhDs, professorships, etc. Zimbabweans would be the best nourished nation on the planet; as it is we have the singular honour best qualified leaders ever and yet the poorest!
Finance Minister, Mthuli Ncube, has all the available space in his huge office covered with all his University Degrees, MBAs, PhDs, Professorships, Academic and Professional Achievement Awards and God knows whatever else! Who cares that his blundering incompetence has cause a told human suffering to the poorest of the poor. Still, one must ask: What good is all these impressive academic and professional achievements to one lacking the most precious virtue there is - no common sense. Professor Ncube has no common sense. None!
Source - zsdemocrats.blogspot.co.uk
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